Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

The fall of major crypto ecosystems — such as FTX and Terra (

As a result of the massive outflows from crypto exchanges amid the FTX bloodbath, hardware-based cryptocurrency wallet provider Ledger suffered from a temporary server outage.

“????After the FTX earthquake, there’s a massive outflow from exchanges to Ledger security and self-sovereignty solutions,” reasoned Ledger CTO Charles Guillemet while revealing that the systems were back running soon after.